MarketFoolery: 03.28.2012

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 28 March 2012

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nokia launches its first smartphone for China. McCormick reports zesty earnings. And the Los Angeles Dodgers set a new record.

Transcript

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0:00.0	Wednesday March 28th and this is Market Fullry. I'm Chris Hill and joining me in studio today
0:06.5	from Motleyville Inside Value, Joe Meager and for Motley Full Asset Management, Tim
0:10.2	Hanson and Bill Mann. Gentlemen, good to see you.
0:13.2	Yo, welcome back.
0:14.6	Hey, thanks!
0:15.8	You guys got back from China.
0:16.8	We'll dig into that in a moment.
0:18.4	I may fall asleep.
0:19.4	Yeah, jet lag.
0:21.8	That can hurt, as I understand. We've got some spicy earnings,
0:26.2	we've got the China edition of the big macro and we have a record setting price tag for
0:30.4	the LA Dodgers, but we are going to start with Mobile.
0:33.4	Nokia is launching its first ever smartphone in China.
0:37.1	The Lumiya smartphone will run Windows from Microsoft.
0:40.5	It will go on sale in early April for about 3,600 you want. That's about 570
0:46.3	American dollars. Tim Hanson, I'll start with you. I think it's fair to say that Nokia really
0:51.9	needs a win.
0:53.0	Is this...
0:54.0	Is this going to be it for them?
0:56.0	I don't think so.
0:57.0	They just continue to do confusing things.
1:00.0	You know, this is an expensive phone in a market that already has plenty of expensive phones
	...

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